Many real estate investors are likely aware of the mantra “location, location, location.” This slogan rings true when it comes to commercial real estate because location and zoning regulations go hand in hand. While investing in commercial property is generally...
Real estate
3 solutions when a commercial tenant wants to break a lease
Commercial leases are usually long-term agreements between a business and a landlord. They agreed to specific terms regarding maintenance and monthly rent that may last for anywhere from two to five years, sometimes more. There is a bit of optimism involved in the...
Should a new business rent or buy commercial space?
Entrepreneurs seeking to turn their idea into a functional business and executives brought on to help develop a concept into a functional organization need to make a lot of decisions before a vision can turn into an operational reality. Choices made in the early...
Protecting your family farm from the damage of divorce
Maybe you and your spouse dream of a pastoral lifestyle and so the two of you pooled your resources to purchase land and start your own small farm. Perhaps you are a third-generation farmer who already has teenage children, and you worry about what may happen to your...
Who maintains a commercial property subject to a lease?
Leasing a property is often a better financial move than simply buying a property for a new or growing business. You have the flexibility to change facilities if your business model shifts or you grow more quickly than anticipated. You also have lower overhead costs...
Contractors and building professionals can use liens to get paid
Doing work on residential properties often involves balancing your risk with the risk of the client that hires you. There are contractors out there that take large deposits or require full payment up front, only to fail to perform the work for which they have already...
Questions to ask yourself before investing in commercial property
Pursuing commercial property is a significant decision. Setting aside what ideas you have for the property in the future and the associated costs, the initial investment is often substantial. Because of this, you want to make sure no question or concern goes...